Research In Motion just reported its fiscal first quarter earnings in which it missed analyst predictions for revenue and EPS. The company noted that it’s cutting 5,000 jobs and said that its BlackBerry 10 operating system is delayed until the first quarter of 2013. That’s bad news for BlackBerry enthusiasts and developers, especially for a company that has struggled desperately to compete with iOS, Android and even Windows Phone.
“RIM’s development teams are relentlessly focussed on ensuring the quality and reliability of the platform and I will not compromise the product by delivering it before it is ready. I am confident that the first BlackBerry 10 smartphones will provide a ground-breaking next generation smartphone user experience,” RIM CEO and President Thorsten Heins said. “We are encouraged by the traction that the BlackBerry 10 platform is gaining with application developers and content partners following the successful BlackBerry Jam sessions that we have held around the world since the beginning of May. Similarly, the reception of the BlackBerry 10 platform by our key carrier partners has been very positive and they are looking forward to going to market with BlackBerry 10 smartphones in the first quarter of calendar 2013.”